7620-22 ZIMPLE Street, New Orleans, LA 70118
Orleans County
Key Facts
Description
This exceptional student rental property offers the perfect blend of location, functionality, and strong investment performance. Ideally situated just blocks from campus and “the Boot,” this fully leased property is secured with tenants in place through May 2027, providing immediate and reliable cash flow. The home has been thoughtfully updated and features spacious bedrooms, three full bathrooms, and multiple comfortable living areas designed to accommodate student living at scale. The layout maximizes both privacy and shared space, making it highly desirable for student tenants. Agent is a member of the LLC One of the standout features is the large, beautifully maintained backyard—a rare find in this area—perfect for gatherings and outdoor enjoyment. In addition, the property offers ample off-street parking, a major bonus for student renters. With strong rental demand, a prime location, and solid in-place income, this is an awesome, turnkey investment property ideal for investors looking for consistent cash flow and long-term upside.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Traditional
Year Built
1959
Living Area
1,934 sq ft
Lot Dimensions
45X120
Parking Spaces
3
Days on Market
40
MLS® Listing#
2548540
Property Features
Cooling
Heating
Pool
Laundry
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Parcel Number
7620-ZIMPLEST
Affordability Calculator
$139,000
Estimated monthly payment
$3,699/mo
Principal $556,000 · Est. interest $775,669 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Orleans, LA
- $343,491
- Median Listing Price
- 94
- Median Days on Market
- 1,826
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 2,568
- Active Listings
- This home’s price is 102% above the area median.
- Its price per sq ft is 90% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Orleans, LA.
Location
Points of Interest in New Orleans, LA
Showing the New Orleans area map.
Nearby Schools
University Montessori School
School · 0.1 mi away
St. Andrews Episcopal School
Elementary · 0.3 mi away
Willow Lower School
Elementary · 0.3 mi away
Benjamin Banneker Elementary School
Elementary · 0.4 mi away
Tulane University Police Department
School · 0.6 mi away
Audubon Charter School
Elementary · 0.7 mi away
Holy Name of Jesus Church
School · 0.7 mi away
Stuart Hall School
Secondary · 0.7 mi away
Lycee Francais de la Nouvelle-Orleans
School · 0.7 mi away
Black Alumni Network of Tulane University - Bantu
School · 0.7 mi away
Ursuline Academy
School · 0.8 mi away
James Weldon Johnson Elementary School
Elementary · 0.9 mi away
Eleanor McMain Secondary School
Secondary · 0.9 mi away
The Willow School
Secondary · 1.0 mi away
The Willow School
School · 1.0 mi away
Lycee Francais
School · 1.0 mi away
St Rita School
School · 1.1 mi away
St. Charles Avenue Presbyterian Church Nursery School
School · 1.1 mi away
Lafayette Academy Charter School
Elementary · 1.2 mi away
The Leah Chase School
Elementary · 1.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2545 AGRICULTURE Street, New Orleans, LA | $489,000 | 7 | — | 4,400 |
| 2234 36 CAMBRONNE Street, New Orleans, LA | $489,000 | 6 | — | 3,768 |
| 2919 21 MONROE Street, New Orleans, LA | $489,000 | 6 | — | 3,105 |
| 2119 MARTIN LUTHER KING JR Boulevard, New Orleans, LA | $490,000 | 6 | — | 2,667 |
| 1684-86 N CLAIBORNE Avenue, New Orleans, LA | $495,000 | 8 | — | 2,600 |
| 4928 PAUGER Street, New Orleans, LA | $495,000 | 5 | 5 | 2,859 |
Moving Cost Estimate
EXIT Agents in New Orleans
Listing Courtesy: Collab Realty, LLC - 5049202970